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Home / Metal News / China Alumina Imports Hit 19-Month Low in March, to Stay Low in April

China Alumina Imports Hit 19-Month Low in March, to Stay Low in April

iconApr 23, 2015 15:22
Source:SMM
China’s alumina imports tumbled 42.1% from a year ago to 218,000 tonnes in March, customs data showed.
SHANGHAI, Apr. 23 (SMM) – China’s alumina imports tumbled 42.1% from a year ago to 218,000 tonnes in March, customs data showed. 
 
SMM attributes the decline due to growing supply and price attractiveness of domestic alumina. 
 
China’s metallurgical-grade alumina output increased 8.7% year-on-year to 4.7 million tonnes in March. 
 
Domestic alumina was more attractive than imported material. Chinese refineries cut offers against mounting inventories, sending the average alumina ex-works prices in Henan and Shanxi down to RMB 2,637 yuan/tonne and 2,597 yuan/tonne, SMM data showed. Imported alumina traded at 2,670 yuan/tonne at the Port of Lianyungang. 
 
Imports are expected to stay low in April, since drivers behind lower imports will persist.
 
 For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 
China alumina import march 2015
China alumina import

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